Goldman Sachs Executive Leaves Company for Blockchain

The corporate brain drain continues as Breanne Madigan, an executive at Goldman Sachs, leaves her 13-year long career at the investment banking giant for FinTech startup Blockchain.

In an interview with Business Insider, Madigan explains that she found interest in blockchain tech and cryptocurrencies as she believes in their potential to “reengineer the way we operate in the future.”

At Goldman Sachs, Madigan started out as an associate in money markets. She then moved up the corporate ladder to become the Chief Operating Officer of global foreign exchange. Before she left the company, she was the Head of Institutional Wealth Services for the Americas.

Leaving such an illustrious career for a startup may seem to be an odd move but if there’s one thing Madigan learned from her experience at Goldman Sachs, it’s that technology has a massive impact on the financial industry.

Madigan starts at Blockchain next week as their Head of Institutional Sales and Strategy. She is tasked to attract institutional investors towards the blockchain scene. She has her work cut out for her with blockchain being a fairly new technology of which a lot of companies are wary.

Though blockchain tech is starting to gain traction and popularity in some industries. Even NASA is researching on how it could apply the tech to its space explorations.